Longleaf Partners Fund

Longleaf Partners Fund

Top Holdings at 6/30/18

Holding Country Industry Percent
CenturyLink United States Diversified Telecommunication Services 10.0
CK Hutchison Hong Kong Industrial Conglomerates 6.6
CNX Resources United States Oil, Gas & Consumable Fuels 6.4
Mattel United States Leisure Products 6.1
LafargeHolcim Switzerland Construction Materials 6.1
Comcast United States Media 6.0
FedEx United States Air Freight & Logistics 5.7
Fairfax Financial Canada Insurance 4.9
United Technologies United States Aerospace & Defense 4.9
Park Hotels & Resorts United States Equity Real Estate Investment Trusts (REITs) 4.7
Total 61.4

Portfolio Composition at 6/30/18

 Equities & Other 85.9
 Bonds 0.0
 Cash 14.1
Total 100.0%

Sector Composition at 6/30/18

 Industrials 26.5
 Consumer Discretionary 12.1
 Telecommunication Services 10.0
 Real Estate 9.2
 Energy 7.7
 Materials 6.1
 Financials 4.9
 Health Care 4.7
 Information Technology 4.7
 Cash 14.1
Total 100.0%

Primary Contributors to Return

4/1/18 to 6/30/18
Holding Percent
CenturyLink 1.45
Mattel 1.16
Park Hotels & Resorts 0.83

Primary Detractors to Return

4/1/18 to 6/30/18
Holding Percent
CK Hutchison -0.69
LafargeHolcim -0.53
CNH Industrial -0.49

View current month-end performance Returns reflect reinvested capital gains and dividends but not the deduction of taxes an investor would pay on distributions or share redemptions. The performance data quoted represents past performance and is no guarantee of future results. The return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the past performance quoted.

Before investing in any Longleaf Partners fund, you should carefully consider the Fund’s investment objectives, risks, charges, and expenses. The Prospectus and Summary Prospectus contain this and other important information. Please read the Prospectus and Summary Prospectus carefully before investing.

The above holdings do not represent all of the securities purchased, sold, or recommended for the Fund. Discussion of particular investments is not a recommendation to buy or sell any security and holdings are subject to change.

The information above contains links to sites not controlled or maintained by Longleaf or Southeastern. The links do not imply any endorsement or verification of the information on those websites.